Denmark - All posts tagged Denmark

A political row in Denmark over selling a 19% stake in state-owned utility DONG Energy to Goldman Sachs for 8 billion Danish kroner ($1.5 billion) has been met with fierce public resistance, bringing the already-fragile minority government close to a breakup on Thursday. At the heart of the matter? A widespread dislike of Goldman Sachs among Danes.

While storms have been raging across Europe in the fall and winter months, wind-generated power has reached a record level in Denmark. In December, more than half of the energy consumption in the country as met by wind turbines, marking the first country to reach that milestone.

Taps could be about to run dry across Denmark after a labor dispute shuttered production at the only brewery in the country that produces Carlsberg.

Workers in the Fredericia facility stopped transferring the beer to kegs last week and walked out because a new hire isn’t part of the union.

The 130 strikers are part of a total workforce of 800 at the site, a Carlsberg
/quotes/zigman/160907DK:CARLB spokesman told Bloomberg. They face fines for every hour they are on strike, the Danish labor court ordered.

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